Victorian Current Acts Victorian Current Acts(1) The Commission may grant or refuse an application under section 4.5A.9(1) and may at any time revoke or vary an approval granted under this section.
(2) An approval under this section ceases to have effect—
S. 4.5A.10
(2)(a) repealed by No. 64/2014 s. 23.
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(b) on the revocation of the approval by the Commission; or
(c) on the surrender of the approval by the bookmaker to the Commission; or
(d) on the certificate of registration issued under this Part to any registered bookmaker who is a member of the partnership ceasing to have effect—
whichever is the earliest.
(3) The Commission may suspend an approval under this section, and during the period of suspension the approval has no force or effect.
(4) The Commission may impose a condition on an approval under this section either on or after the granting of the application for the approval.
(5) The Commission may vary or revoke a condition of an approval under this section.
(6) Unless a registered bookmaker has the approval of the Commission under this section to do so, the registered bookmaker must not be a member of—
(a) a trading bookmaking partnership; or
(b) any other partnership where the business of that bookmaker as a bookmaker or any substantive parts of that business are conducted jointly with other persons.
S. 4.5A.10A inserted by No. 25/2009 s. 44, amended by No. 62/2017 s. 57(5).